Cal. Revenue and Taxation Code § 24941.5
Cal. Revenue and Taxation Code § 24941.5
California · California Revenue and Taxation Code · Status: effective · Effective 2019-07-01
Cite this
- Citation
- Cal. Revenue and Taxation Code § 24941.5, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/922271
- Permanent ID
ys:prov:922271@1- SHA-256
a206fe5ce151fa03791f557ed2284d37e70d3364661de68ca729ad11ae9fb729
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
(a) The amendments made by Section 13303(a) and (b) of the Tax Cuts and Jobs Act (Public Law 115-97) to Section 1031 of the Internal Revenue Code, relating to Exchange of real property held for productive use or investment, shall apply, subject to subdivision (b).
(b) (1) This section shall apply to exchanges completed after January 10, 2019.
(2) This section shall not apply to an exchange where the property to be disposed of by the taxpayer in the exchange is disposed of by that taxpayer on or before January 10, 2019, or where the property to be received by the taxpayer in the exchange is received by that taxpayer on or before January 10, 2019.